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LafargeHolcim, the recently merged building-materials group, plans to raise 3.5 billion Swiss francs ($3.5 billion) through the sale of cement assets worldwide. The company aims to adapt to challenging conditions in key markets like China and India. Discussions have begun with interested parties, including private-equity firms and industry rivals, with proceeds intended for shareholder returns and debt reduction.
Wednesday, 25 November, 2015